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S&P Global Foundation Announces $5 Million in New Philanthropic Grants to Advance Sustainable Development

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The S&P Global Foundation has announced a new $5 million philanthropic grants program, selecting Girls Who Code and Conservation International as Signature Grant Partners. Each organization will receive $2.5 million over five years to address key areas aligned with U.N. Sustainable Development Goals:

1. Girls Who Code will train over 650,000 students for careers in technology and data, aiming to close the gender gap.

2. Conservation International will focus on restoring freshwater ecosystems globally to strengthen environmental resilience for vulnerable communities.

Since 2018, the S&P Global Foundation has awarded over $53 million to nonprofit organizations worldwide, emphasizing data-driven approaches to accelerate progress towards inclusive sustainable economies and thriving global communities.

La Fondazione S&P Global ha annunciato un nuovo programma di grant filantropici da 5 milioni di dollari, selezionando Girls Who Code e Conservation International come Partner per i Grant di Riferimento. Ogni organizzazione riceverà 2,5 milioni di dollari in cinque anni per affrontare aree chiave in linea con gli Obiettivi di Sviluppo Sostenibile dell'ONU:

1. Girls Who Code formerà oltre 650.000 studenti per carriere nella tecnologia e nei dati, con l'obiettivo di ridurre il divario di genere.

2. Conservation International si concentrerà sul ripristino degli ecosistemi d'acqua dolce a livello globale per rafforzare la resilienza ambientale delle comunità vulnerabili.

Dal 2018, la Fondazione S&P Global ha assegnato oltre 53 milioni di dollari a organizzazioni nonprofit in tutto il mondo, sottolineando approcci basati sui dati per accelerare il progresso verso economie sostenibili e comunità globali fiorenti.

La Fundación S&P Global ha anunciado un nuevo programa de subvenciones filantrópicas de 5 millones de dólares, seleccionando a Girls Who Code y Conservation International como Socios de Subvenciones Significativas. Cada organización recibirá 2,5 millones de dólares en cinco años para abordar áreas clave alineadas con los Objetivos de Desarrollo Sostenible de la ONU:

1. Girls Who Code capacitará a más de 650,000 estudiantes para carreras en tecnología y datos, con el objetivo de cerrar la brecha de género.

2. Conservation International se centrará en restaurar los ecosistemas de agua dulce a nivel global para fortalecer la resiliencia ambiental de las comunidades vulnerables.

Desde 2018, la Fundación S&P Global ha otorgado más de 53 millones de dólares a organizaciones sin ánimo de lucro en todo el mundo, enfatizando enfoques basados en datos para acelerar el progreso hacia economías sostenibles e inclusivas y comunidades globales prósperas.

S&P 글로벌 재단이 새로운 500만 달러의 자선 보조금 프로그램을 발표하며 Girls Who CodeConservation International을 주요 보조금 파트너로 선정했습니다. 각 조직은 5년 동안 250만 달러를 지원받아 유엔 지속 가능한 개발 목표에 부합하는 주요 분야를 다룰 것입니다:

1. Girls Who Code650,000명 이상의 학생에게 기술 및 데이터 분야의 직업 교육을 제공하여 성별 격차를 해소하는 것을 목표로 합니다.

2. Conservation International은 전 세계의 담수 생태계를 복원하여 취약한 공동체의 환경 회복력을 강화하는 데 집중할 것입니다.

2018년 이후, S&P 글로벌 재단은 전 세계 비영리 단체에 5300만 달러 이상을 지원하며 포괄적 지속 가능한 경제 및 번영하는 글로벌 공동체로 이끌기 위해 데이터 기반 접근법을 강조해 왔습니다.

La Fondation S&P Global a annoncé un nouveau programme de subventions philanthropiques de 5 millions de dollars, sélectionnant Girls Who Code et Conservation International comme Partenaires de Subventions Signatures. Chaque organisation recevra 2,5 millions de dollars sur cinq ans pour aborder des domaines clés en accord avec les Objectifs de Développement Durable de l'ONU :

1. Girls Who Code formera plus de 650 000 étudiants pour des carrières dans la technologie et les données, visant à réduire l'écart entre les sexes.

2. Conservation International se concentrera sur la restauration des écosystèmes d'eau douce dans le monde entier pour renforcer la résilience environnementale des communautés vulnérables.

Depuis 2018, la Fondation S&P Global a attribué plus de 53 millions de dollars à des organisations à but non lucratif dans le monde entier, en mettant l'accent sur des approches basées sur les données pour accélérer le progrès vers des économies durables et inclusives ainsi que des communautés mondiales prospères.

Die S&P Global Foundation hat ein neues 5 Millionen Dollar umfassendes philanthropisches Förderprogramm angekündigt und Girls Who Code sowie Conservation International als Hauptförderpartner ausgewählt. Jede Organisation erhält 2,5 Millionen Dollar über einen Zeitraum von fünf Jahren, um Schlüsselbereiche anzugehen, die im Einklang mit den Zielen für nachhaltige Entwicklung der Vereinten Nationen stehen:

1. Girls Who Code wird über 650.000 Schülerinnen und Schüler für Berufe in Technologie und Daten ausbilden und damit die Geschlechterkluft schließen.

2. Conservation International wird sich auf die Wiederherstellung von Süßwasser-Ökosystemen weltweit konzentrieren, um die Umweltresilienz gefährdeter Gemeinschaften zu stärken.

Seit 2018 hat die S&P Global Foundation über 53 Millionen Dollar an gemeinnützige Organisationen weltweit vergeben und dabei datenbasierte Ansätze hervorgehoben, um den Fortschritt hin zu integrativen nachhaltigen Volkswirtschaften und florierenden globalen Gemeinschaften zu beschleunigen.

Positive
  • S&P Global Foundation commits $5 million to new philanthropic grants program
  • Partnership with Girls Who Code aims to train 650,000 students for tech and data careers
  • Collaboration with Conservation International to restore freshwater ecosystems globally
  • Foundation has awarded over $53 million to nonprofits since 2018
Negative
  • None.

Insights

The $5 million philanthropic grant by S&P Global Foundation represents a significant commitment to sustainable development, but its direct impact on S&P Global's financial performance is likely minimal. This initiative aligns with growing investor interest in Environmental, Social and Governance (ESG) factors, potentially enhancing S&P Global's reputation and attractiveness to socially conscious investors.

The focus on diversifying the tech talent pipeline through Girls Who Code and environmental resilience with Conservation International demonstrates a strategic approach to addressing critical global challenges. While this may not immediately affect the company's bottom line, it could strengthen S&P Global's brand value and help attract top talent in the long run, indirectly contributing to future growth and innovation.

Investors should view this as a positive indicator of S&P Global's commitment to corporate responsibility, which may mitigate ESG-related risks and position the company favorably in an increasingly sustainability-focused market landscape.

The partnership with Girls Who Code is a strategic move that addresses the critical issue of gender diversity in tech. By aiming to train over 650,000 students, this initiative has the potential to significantly impact the talent pipeline, benefiting not just S&P Global but the entire tech industry. This large-scale effort could help reduce hiring costs and improve innovation in the long term by tapping into a broader talent pool.

For investors, this signals S&P Global's proactive approach to future-proofing its workforce and potentially reducing gender-related risks in its operations. The focus on marginalized students also aligns with growing demands for social equity, which could enhance S&P Global's appeal to millennial and Gen Z consumers and employees, who increasingly prioritize companies with strong social values.

The collaboration with Conservation International to restore freshwater ecosystems demonstrates S&P Global's commitment to environmental resilience. This initiative is particularly noteworthy as it targets vulnerable communities, addressing both environmental and social concerns. For investors, this approach could mitigate climate-related risks in S&P Global's operations and supply chains.

The focus on data-driven solutions aligns well with S&P Global's core competencies, potentially leading to innovative environmental assessment tools or risk models that could be commercialized. This could open up new market opportunities in the growing field of climate risk assessment and management.

While the immediate financial impact may be , this initiative positions S&P Global as a leader in sustainable finance, potentially attracting more clients and partners interested in integrating environmental considerations into their financial decisions.

Girls Who Code and Conservation International named as Signature Grant Partners to receive the multi-year grants

NEW YORK, Sept. 12, 2024 /PRNewswire/ -- S&P Global Foundation, the philanthropic arm of S&P Global (NYSE: SPGI), today announced the launch of a new multi-year, $5 million philanthropic grants program, selecting Girls Who Code and Conservation International as Signature Grant Partners. Each organization will receive $2.5 million over the next five years. The program focuses on accelerating progress in two key areas: diversifying the technology and data talent pipeline and creating environmental resilience, in alignment with the U.N. Sustainable Development Goals.

With this philanthropic capital, Girls Who Code will train and equip more than 650,000 students for careers in the technology and data sectors, helping to close the gender gap in these fields. Meanwhile, Conservation International will restore freshwater ecosystems in significant locations across the globe, strengthening environmental resilience for vulnerable communities.

Driven by research and data, and working collectively with partners and other stakeholders, the S&P Global Foundation seeks to accelerate progress towards inclusive sustainable economies and thriving global communities. Since 2018, the S&P Global Foundation has awarded more than $53 million to nonprofit organizations and partners around the globe.

"We are pleased to work with Girls Who Code and Conservation International as our new signature grant partners to bring about strategic and transformative impact," said Annette O'Hanlon, Chief Corporate Responsibility & Diversity Officer at S&P Global and Chair of the S&P Global Foundation. "Our philanthropic programs are designed to address issues essential to long-term sustainability, and through a data-driven and inclusive approach and employee engagement, we are committed to making a real impact in the communities where we live and work."

"At Girls Who Code, we understand that it's not enough to foster a passion for computer science among girls and young women. We also need to build pathways to ensure that they are given equal access to opportunities that turn their interest into lucrative and exciting careers," said Tarika Barrett, CEO of Girls Who Code. "We're grateful for the support from the S&P Global Foundation as we work to close the gender gap in the technology sector, level the playing field for our most marginalized students, and build a tech workforce that's representative of the diverse world we live in today."

"We are excited to launch this partnership with S&P Global Foundation to promote community climate resilience. Our work will be focused on populations with significant poverty who are highly vulnerable to climate-related threats. As S&P Global Foundation's Signature Grant Partner for Creating Environmental Resilience, we will be dedicated to making conservation go faster and have greater impact on people and nature, accelerating and scaling science that will improve well-being and livelihoods for local communities," said Sebastian Troeng, Executive Vice President, Conservation International.

About S&P Global Foundation

The S&P Global Foundation, the keystone of S&P Global's philanthropic efforts, supports the building of inclusive and resilient communities. At the Foundation, we focus our program efforts where we can maximize opportunities to engage our people and are created to have a real impact in the communities where we live and work.

The S&P Global Foundation focuses its efforts where we can make a real difference: Diversifying Technology & Data and Creating Environmental Resilience.

Visit S&P Global Foundation website for more information, and learn about our Impact Profile.

About Conservation International

Conservation International protects nature for the benefit of humanity. Through science, policy, fieldwork and finance, we spotlight and secure the most important places in nature for the climate, for biodiversity and for people. With offices in 30 countries and projects in more than 100 countries, Conservation International partners with governments, companies, civil society, Indigenous peoples and local communities to help people and nature thrive together. Go to Conservation.org for more, and follow our work on Conservation News, Facebook, Twitter, TikTok, Instagram, LinkedIn, and YouTube.

About Girls Who Code

Girls Who Code is an international nonprofit organization working to close the gender gap in technology, and is leading the movement to inspire, educate, and equip students who identify as girls or nonbinary with the computing skills needed to pursue 21st century opportunities. Since launching in 2012, Girls Who Code has reached 670,000 students through our in-person and virtual programming, and 218,000 of our alumni are college or career-aged. Girls Who Code has sparked culture change through marketing campaigns and advocacy efforts, generating 14 Billion engagements globally. In 2019, the organization was named the #1 Most Innovative Non-Profit on Fast Company's Most Innovative Companies list, and in 2023 was named one of Fast Company's Brands That Matter. The organization was also named one of NonProfit Times' Best Nonprofits to Work For in 2022 and 2023. Visit Girls Who Code website for more information.

Media Contact:
Nadja Jiang
Communications
+44 79 74044522
nadja.jiang@spglobal.com 

 

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SOURCE S&P Global

FAQ

How much is S&P Global Foundation (SPGI) investing in its new philanthropic grants program?

S&P Global Foundation is investing $5 million in its new philanthropic grants program, with $2.5 million allocated to each of its two Signature Grant Partners over five years.

Who are the Signature Grant Partners for S&P Global Foundation's (SPGI) new program?

The Signature Grant Partners for S&P Global Foundation's new program are Girls Who Code and Conservation International.

What are the focus areas of S&P Global Foundation's (SPGI) new philanthropic grants program?

The program focuses on diversifying the technology and data talent pipeline and creating environmental resilience, aligned with U.N. Sustainable Development Goals.

How many students does Girls Who Code aim to train through S&P Global Foundation's (SPGI) grant?

Girls Who Code aims to train and equip more than 650,000 students for careers in the technology and data sectors through S&P Global Foundation's grant.

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